完整图表包

关键论点

• 人口老龄化和收入上升正在推高亚洲劳动力成本，削弱过去二十年的反通胀动力。
• 集中于北亚的人工智能供应链面临能源和关键矿物成本上升，强劲需求使企业得以转嫁成本。
• 中国生产者价格通缩在产能过剩行业持续，但不再保证亚洲其他地区价格走低。
• 生产向东南亚和南亚转移将限制成本压力，但无法复制中国过去的反通胀规模。

对应原文证据

1. Illiana Jain Economist, Westpac Group P: +61 403 908 032 E: illiana.jain@westpac.com.au •For two decades, lower labour costs across Asia helped suppress global goods inflation.
2. •As a result, imported goods may provide less assistance in bringing inflation back to target than they have in the past.
3. •As a result, achieving inflation targets may require a longer period of restrictive monetary policy than has historically been the case.